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Increase in the Industrial Production Index (IPI) in Palestine During 2017& During, 12/2017
Increase in the Industrial Production Index (IPI) in Palestine during 2017
The overall IPI in Palestine reached 107.84 during the year of 2017 with an increase of 4.11% compared to the previous year (Base Month December 2015 = 100).
IPI for 2017 increased due to the increase in the activities of Mining and Quarrying by 10.93%, the activities of Electricity, Gas, Steam and Air Conditioning Supply by 8.90%, the activities of Water Supply, Sewerage, Waste Management and Remediation by 8.63%, and the activities of Manufacturing Industry by 3.24%.
The table shows yearly percent changes in IPI in Palestine for the period 2012 –2017:
|
Year |
Yearly Percent Change % |
|
2012 |
+ 6.39 |
|
2013 |
+ 7.82 |
|
2014 |
- 3.92 |
|
2015 |
- 3.80 |
|
2016 |
+ 0.96 |
|
2017 |
+ 4.11 |
|
Cum. |
+ 11.44 |
Increase in the Industrial Production Index (IPI) in Palestine during December 2017
The overall IPI in Palestine reached 109.35 during December 2017 with an increase of 0.12% compared to the previous month (Base Month December 2015 = 100).
IPI for December 2017 increased due to the increase in the activities of Electricity, Gas, Steam and Air Conditioning Supply by 9.69% which had a share of 11.98% of the total industry, and the activities of Mining and Quarrying by 2.90% which had a share of 4.06% of the total industry, while the activities of Water Supply, Sewerage, Waste Management and Remediation decreased by 9.75% which had a share of 0.78% of the total industry, and the activities of Manufacturing Industry by 0.80% which had a share of 83.19% of the total industry.
The table shows monthly percent changes in IPI for the period January – December 2017:
|
Month |
Monthly Percent Change % |
|
January |
+ 4.80 |
|
February |
- 6.11 |
|
March |
+ 8.08 |
|
April |
- 6.36 |
|
May |
- 0.49 |
|
June |
- 11.23 |
|
July |
+ 15.25 |
|
August |
+ 16.97 |
|
September |
- 12.44 |
|
October |
+ 1.28 |
|
November |
- 1.00 |
|
December |
+ 0.12 |
|
2017 |
+ 4.11 |
NB:
1.Relative share for the main industrial activities represents the percentage distribution of value added for the industrial activities in 2013.
2.Data collection of Industrial Production Index survey was funded by the European Union